The Middle Class on the Precipice | Harvard Magazine Jan-Feb 2006 - 0 views
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thinkahol * on 26 Aug 10"During the past generation, the American middle-class family that once could count on hard work and fair play to keep itself financially secure has been transformed by economic risk and new realities. Now a pink slip, a bad diagnosis, or a disappearing spouse can reduce a family from solidly middle class to newly poor in a few months."